Local molybdenum and ferromolybdenum prices in China - week 14

Friday, 03 April 2020 17:43:19 (GMT+3)   |   Istanbul
       

 

 Product

Price

Price change

Sales term

 45% molybdenum ore (Liaoning)

RMB 1,370/mt

($192/mt)

- RMB 10/mt

(-$4/mt)

Ex-works

 FeMo60 ferromolybdenum (Liaoning)

RMB 100,500/mt

($14,135/mt)

+RMB 2,500/mt

(+$220/mt)

Ex-works

 

The local Chinese market price includes 13 percent VAT.  

 

Exchange rate fluctuations are taken into consideration when calculating the weekly price changes. 

 

$1 = RMB 7.11


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